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New Lisbon DHL hub agreement to be closed shortly

The agreement to build a new DHL terminal at Lisbon airport should be closed “in the next few weeks”, with works starting in the second quarter of the year, the chairman of DHL Express Europa told Lusa on Friday.

Mr John Pearson said this €30 million investment wou0ld be structural for DHL Express and Portugal as it would allow the country to become a real cargo distribution hub for North Africa, Angola, Mozambique and Brazil, “markets that have a high amount of cargo every day and it would bring great economic benefits to the country and Portuguese exporters”.

The negotiations with Portuguese airport manager ANA and the government to buy or rent the land to build the new hub, similar to the investment the company made in Porto airport, have been going on for some years.

Then initial investment of €10 million has now gone up to €30 million.

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